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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: FlyersFan who wrote (48744)	6/23/1998 1:06:00 PM
From: jbn3	Respond to of 176387

re Possibility of DELL split The proxy statement has one provision for approval which would raise the number of authorized shares from 1MM to 3MM. This does NOT indicate a stock split. It DOES permit DELLs management to declare one or more stock splits at its discretion. Currently, with only 1MM shares authorized and about 700M issued, they could not do that. Conversely, if DELL had not requested approval of a greater number of shares, the chances of a stock split would have been perceived as very marginal. However, considering DELL's past growth and split history, current price range, and future prospects, we anticipate that management MAY declare a split later this year. Regards, 3.